Renovated 107-Unit Apartment
For Sale
Contact for pricing
1300 S Adelaide St, Terrell, TX 75160
107-unit Terrell apartment community with recent capital improvements, including HVAC conversions and roof replacement.
Property Size79,893 SF
Days on Market94
Property Features for 1300 S Adelaide St
General Information
Standard status
Active
Size
79,893 SF
Property subtype
Multifamily
Occupancy
88%
Additional Details
Multifamily Units
107
Amenities
$2.27 million invested in recent capital improvements including HVAC conversion and roof replacement
Remaining interior renovation upside supports approximately $124 monthly rent premiums
Located in one of the nation's fastest-growing counties with direct access to Dallas employment centers
Building Details
Building Size
79,893 SF
Units
107
Listing Agency:
Dallas Office
Listed By:
Matt Aslan · License #License(s): TX: 679950
(972) 755-5275
Source:
Marcusmillichap
Added: Jun 5
Changed: Aug 17
Last Checked: Sep 5 at 4:00AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dallas Office
Investment Insights
Based on property information with market context.
Adelaide is a 107-unit apartment community at 1300 S Adelaide St in Terrell, Texas. Recent ownership investment of approximately $2.27 million has been directed toward a full roof replacement, conversion from a chiller system to individual HVAC units, interior upgrades, parking lot improvements, and exterior enhancements.
The property offers a highly desirable mix of homes, with approximately 65% of units featuring two-, three-, and four-bedroom floor plans suited to households seeking more space. The community is positioned with convenient access to Interstate 20 and U.S. Highway 80, along with nearby major employers, retail amenities, and Dallas-area employment centers in Kaufman County.
For buyers or operators, Adelaide presents a ready-to-continue renovation program, with management indicating the option to extend the improvements across the remaining classic units. The unit mix supports long-term tenant appeal, and an additional water conservation initiative is referenced as a path to further utility savings.
The property offers a highly desirable mix of homes, with approximately 65% of units featuring two-, three-, and four-bedroom floor plans suited to households seeking more space. The community is positioned with convenient access to Interstate 20 and U.S. Highway 80, along with nearby major employers, retail amenities, and Dallas-area employment centers in Kaufman County.
For buyers or operators, Adelaide presents a ready-to-continue renovation program, with management indicating the option to extend the improvements across the remaining classic units. The unit mix supports long-term tenant appeal, and an additional water conservation initiative is referenced as a path to further utility savings.
Key Highlights
- 107‑unit apartment community in Terrell, Texas
- Approximately $2.27M in recent capital improvements, including a full roof replacement
- Converted from a chiller system to individual HVAC units and completed interior upgrades
Property Analytics
Property Profile
Current Use
Lease Details
107
Residential units
Location Intelligence
Trade Area within ½ mile
126
Businesses Nearby
Explore this area
Business Placement
Demographics for 75160, TX
26,632
Population
8,895
Households
3
Avg Household Size
38
Median Age
20%
College-Educated
82%
High-School Grad
118.2 sq mi
ZIP Area
225
Density / Sq Mi
$70,862
Median Household Income
$38,493
Median Earnings
$1,177
Median Rent
$221,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - 107-unit Terrell apartment community with recent capital improvements, including HVAC conversions and roof replacement.
Where is this apartment building located?
The property is located at 1300 S Adelaide St Terrell, TX.
What are key features of this property?
This property features: 107‑unit apartment community in Terrell, Texas; Approximately $2.27M in recent capital improvements, including a full roof replacement; Converted from a chiller system to individual HVAC units and completed interior upgrades
